Discover this versatile offering featuring two homes on one lot in one of Polson's most desirable neighborhoods, just steps from parks, Flathead Lake beaches, shopping, dining, and everyday conveniences. With a strong rental history on both properties, this property offers exceptional flexibility: rent both for income, live in one and lease the other, or create the perfect multi-generational setup. The 2-bedroom, 1-bath main home has been updated and meticulously maintained, offering spacious rooms, abundant natural light, attractive landscaping, a fully fenced yard, and standout curb appeal. Recent improvements include new luxury laminate plank flooring, new carpet with upgraded pad, fresh interior paint throughout, a new bathroom sink and faucet, new dishwasher, and updated heating with three new baseboard heaters. Additional improvements include new front porch stairs and a brand-new back deck, creating inviting outdoor spaces to relax and entertain. The fencing has also been refreshed with Cabot Oil Mahogany Flame stain, adding warmth and polish to the outdoor setting. The charming 1-bedroom, 1-bath second home (“tiny house”) offers a modern, efficient layout with excellent use of space and smart storage solutions. Recent updates include fresh interior paint, a new vanity top, and a new bifold door, making this inviting space ideal for tenants, guests, extended family, or supplemental income. A dedicated storage shed adds additional functionality. Whether you're seeking an investment property, owner-occupant opportunity, or flexible dual-living arrangement, this unique property delivers income potential, thoughtful updates, and an unbeatable location.